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An announcement from DS Smith ( (GB:SMDS) ) is now available.
DS Smith PLC has announced a change in its shareholding structure as UBS Group AG, through its investment bank and wealth management arm, has recently acquired a notable percentage of voting rights in the company. This acquisition, which results in UBS holding 5.647634% of voting rights, could impact DS Smith’s strategic decisions and influence its market positioning, reflecting UBS’s confidence in the company’s growth potential.
More about DS Smith
DS Smith PLC is a UK-based company operating in the packaging industry, specializing in sustainable packaging solutions. Known for its innovative and environmentally friendly products, DS Smith focuses on providing packaging services that cater to a global market, emphasizing efficiency and sustainability.
YTD Price Performance: 81.81%
Average Trading Volume: 6,467,831
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £7.41B
For detailed information about SMDS stock, go to TipRanks’ Stock Analysis page.
